NASDAQ 31-1-2024

Technical Analysis

By Shady Fouad Last updated Jan 31, 2024

NASDAQ 31-1-2024.

Prices are trading above the support area of $17,350. If the prices maintain this level, we may continue the upward trend. However, if $17,300 is broken again to the downside, the scenario of retesting the support area of $17,100 might come into play.

Support	17370	17100	16900
Resistance	17550	17700	18000

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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